To improve the quality of aggregate plans,forecast errors must be taken into account when formulating aggregate plans.

Question

Quizplus · Accepted Answer

Forecast errors can affect the accuracy of aggregate plans. Taking these errors into account can help improve the quality of the plans and enable companies to better respond to changes in demand. By incorporating forecast error margins into aggregate planning, companies can reduce the risk of stockouts, overproduction, and other costly mistakes. Therefore, the statement is true.

To Improve the Quality of Aggregate Plans,forecast Errors Must Be